Rogers Corporation Reports Q2 EPS of $0.34, Revenue of $202.8M

Saturday, Aug 2, 2025 12:25 am ET1min read

Rogers Corporation reported Q2 adjusted EPS of 34 cents, beating the consensus estimate of 50 cents. Revenue for the quarter was $202.8 million, also exceeding the estimate of $198.75 million. The company expects further improvement in Q3 due to higher sales and cost reduction measures.

Rogers Corporation (NYSE: ROG) reported its Q2 2025 earnings on July 31, revealing a mixed financial performance. The company's adjusted earnings per share (EPS) of $0.34 fell short of the consensus estimate of $0.50 by 32% [1]. However, revenue exceeded expectations, reaching $202.8 million, surpassing the forecasted $198.75 million by 2.04% [1]. The stock price fell by 1.23% in after-hours trading, closing at $66.4 [1].

The company's gross margin improved to 31.6%, up by 170 basis points from the previous quarter, reflecting operational efficiencies. However, the net loss of $73.6 million, or $4 per share, was primarily due to restructuring efforts and market challenges [1]. The company's cash balance decreased to $157 million after $28.1 million was spent on share repurchases [1].

Rogers' stock remains within its 52-week range, with a high of $121.87 and a low of $51.43. The stock has experienced a significant 29.52% decline over the past six months, suggesting potential value opportunity [1].

Looking ahead, Rogers Corp. provided guidance for Q3, expecting revenue between $200 million and $215 million, with an adjusted EPS projected between $0.50 and $0.90. The company remains focused on organic growth and operational improvements, with a full-year tax rate estimated at approximately 30% [1].

The company is facing challenges such as pricing pressure in power substrates, losing market share to Asian manufacturers, restructuring costs, regional EV market growth disparities, and supply chain adjustments [1]. However, Rogers is optimistic about future growth, with the interim CEO Ali Elhaj emphasizing the company's global strategy and the potential for meaningful growth quarter after quarter [1].

References:
[1] https://www.investing.com/news/transcripts/earnings-call-transcript-rogers-corp-q2-2025-misses-eps-stock-dips-93CH-4164721

Rogers Corporation Reports Q2 EPS of $0.34, Revenue of $202.8M

Comments



Add a public comment...
No comments

No comments yet